"Capitalism and extreme poverty: A global analysis of real wages, human height, and mortality since the long 16th century
[…]
• Data on real wages suggests that, historically, extreme poverty was uncommon and arose primarily during periods of severe social and economic dislocation, particularly under colonialism.
• The rise of capitalism from the long 16th century onward is associated with a decline in wages to below subsistence, a deterioration in human stature, and an upturn in premature mortality.
• In parts of South Asia, sub-Saharan Africa and Latin America, wages and/or height have still not recovered."
Sullivan, Hickel, 2022 : https://www.sciencedirect.com/science/article/pii/S0305750X22002169